diff --git a/Lib/lib2to3/pgen2/tokenize.py b/Lib/lib2to3/pgen2/tokenize.py
index 0e2685d40433d7..099dfa7798afd4 100644
--- a/Lib/lib2to3/pgen2/tokenize.py
+++ b/Lib/lib2to3/pgen2/tokenize.py
@@ -512,13 +512,14 @@ def generate_tokens(readline):
                         stashed = tok
                         continue
 
-                    if token == 'def':
+                    if token in ('def', 'for'):
                         if (stashed
                                 and stashed[0] == NAME
                                 and stashed[1] == 'async'):
 
-                            async_def = True
-                            async_def_indent = indents[-1]
+                            if token == 'def':
+                                async_def = True
+                                async_def_indent = indents[-1]
 
                             yield (ASYNC, stashed[1],
                                    stashed[2], stashed[3],
diff --git a/Lib/lib2to3/tests/test_parser.py b/Lib/lib2to3/tests/test_parser.py
index 1aba0e88945a40..5eefb5aad7d49e 100644
--- a/Lib/lib2to3/tests/test_parser.py
+++ b/Lib/lib2to3/tests/test_parser.py
@@ -200,20 +200,27 @@ def test_async_var(self):
         self.validate("""await = 1""")
         self.validate("""def async(): pass""")
 
-    def test_async_with(self):
+    def test_async_for(self):
         self.validate("""async def foo():
                              async for a in b: pass""")
 
-        self.invalid_syntax("""def foo():
-                                   async for a in b: pass""")
-
-    def test_async_for(self):
+    def test_async_with(self):
         self.validate("""async def foo():
                              async with a: pass""")
 
         self.invalid_syntax("""def foo():
                                    async with a: pass""")
 
+    def test_async_generator(self):
+        self.validate(
+            """async def foo():
+                   return (i * 2 async for i in arange(42))"""
+        )
+        self.validate(
+            """def foo():
+                   return (i * 2 async for i in arange(42))"""
+        )
+
 
 class TestRaiseChanges(GrammarTest):
     def test_2x_style_1(self):
diff --git a/Misc/NEWS.d/next/Library/2018-04-24-14-25-07.bpo-33349.Y_0LIr.rst b/Misc/NEWS.d/next/Library/2018-04-24-14-25-07.bpo-33349.Y_0LIr.rst
new file mode 100644
index 00000000000000..be68b3ea7c4a2a
--- /dev/null
+++ b/Misc/NEWS.d/next/Library/2018-04-24-14-25-07.bpo-33349.Y_0LIr.rst
@@ -0,0 +1 @@
+lib2to3 now recognizes async generators everywhere.